DBS and Granite Asia Launch 110 Million Dollar AI IPO Fund for Wealth Clients
DBS and Granite Asia closed a 110 million dollar AI IPO fund for wealth clients. The deal includes financing and advisory support for growing Asian companies.
Insights:
DBS Group Holdings Ltd has entered into a three-year commercial partnership with Granite Asia and successfully closed a $110 million artificial intelligence-focused IPO fund. Announced on February 23, 2026, the fund is distributed exclusively to DBS wealth clients, providing these customers with access to initial public offering investments. As part of the arrangement, DBS will provide financing and deal-support services to Granite Asia's funds and portfolio companies.
